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Rama Steel Tubes standalone net profit rises 90.80% in the March 2018 quarter

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Capital Market

Sales rise 39.82% to Rs 93.86 crore

Net profit of Rama Steel Tubes rose 90.80% to Rs 3.32 crore in the quarter ended March 2018 as against Rs 1.74 crore during the previous quarter ended March 2017. Sales rose 39.82% to Rs 93.86 crore in the quarter ended March 2018 as against Rs 67.13 crore during the previous quarter ended March 2017.

For the full year,net profit rose 31.06% to Rs 10.59 crore in the year ended March 2018 as against Rs 8.08 crore during the previous year ended March 2017. Sales rose 42.34% to Rs 334.33 crore in the year ended March 2018 as against Rs 234.88 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales93.8667.13 40 334.33234.88 42 OPM %5.206.02 -6.058.00 - PBDT4.983.22 55 18.4914.65 26 PBT5.442.42 125 16.3611.74 39 NP3.321.74 91 10.598.08 31

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First Published: May 29 2018 | 5:03 PM IST

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